Erasmus for young entrepreneurs
Erasmus for Young Entrepreneurs (Engl. Erasmus for Young Entrepreneurs ) is a European mobility program of the European Union was established in 2009 to life.
This program is designed to help new entrepreneurs acquire relevant skills to run and expand their own business.
New entrepreneurs (young entrepreneurs) have the opportunity to exchange and acquire knowledge and business ideas with an experienced entrepreneur from another participating country during a one to six month collaboration.
"Erasmus for Young Entrepreneurs" by the European Commission funded and the project exists in 28 EU countries and nine non-EU countries with the help of over 170 intermediary organizations by a support office (Engl. Support Office , at the moment of EUR Chambres ) are coordinated.
By February 2017, more than 4,500 exchanges have taken place or are still active, with more than 9,000 entrepreneurs. 94% of the relationships were successful.
Objectives of the program
'Erasmus for Young Entrepreneurs' seeks to foster entrepreneurship and cross-border trade in Europe by exchanging knowledge, experience and networking between seasoned entrepreneurs and aspiring entrepreneurs who are aiming to start their own or have recently started their own business. The program also seeks to lead companies in the right direction, to overcome market and business barriers so that they can make the most of the EU single market. Erasmus for young entrepreneurs, in short:
- gives young entrepreneurs the opportunity to learn from an experienced entrepreneur who is already running a small or medium-sized enterprise (SME) in another country
- enables the exchange between new and experienced entrepreneurs
- facilitates access to markets and the search for potential business partners
- improves networking between entrepreneurs and SMEs
- allows experienced entrepreneurs to develop new commercial relationships and find out more about opportunities in another EU country.
History and Development
Since 2007 the European Parliament introduced a new budget line called “Erasmus for Young Entrepreneurs”. The European Commission then began to develop the pilot project with the aim of supporting study abroad for prospective entrepreneurs, improving their skills and promoting the cross-border transfer of knowledge and experience between entrepreneurs.
“Erasmus for Young Entrepreneurs” is part of the “ Small Business Act for Europe ”, which sees this initiative as an important contribution to developing an environment in which entrepreneurs and family businesses can thrive and where entrepreneurship is rewarded.
It is part of the Enterprise and SME Competitiveness Program ( COSME ) 2014–2020.
"Erasmus for Young Entrepreneurs" is in a certain way very similar to other Erasmus programs for students, as it is a study abroad for a very specific target group.
However, it is also different: while the existing Erasmus program for students in higher education aims to strengthen a student-to-university relationship, “Erasmus for Young Entrepreneurs” aims more at building business networks.
Duration
The duration of the stay with a host entrepreneur is usually one to six months. It is possible to divide the stay into individual time windows of at least one week. A total of twelve months may not be exceeded.
Participating states
All 28 member states of the European Union, Albania , Armenia, Bosnia and Herzegovina, Iceland , Macedonia , Moldova , Montenegro , Serbia , Turkey and Ukraine take part in the exchange program for young entrepreneurs .
The EU's outermost regions of French Martinique , Guadeloupe , French Guiana and Réunion , the French overseas municipalities of Saint Martin , the two Portuguese autonomous regions of Madeira and the Azores and Canary Islands are also covered by this program.
Host entrepreneurs
Host entrepreneurs (HE) can participate in the program if they:
- are domiciled or domiciled in a member state of the Union or one of the other participating countries;
- it is a small or medium-sized enterprise ( SME ) (including freelancers and economically active associations );
- sufficient long-term experience in the management of a company is available;
- there is a willingness to share the knowledge and experience with a young entrepreneur and to act as a mentor.
In principle, any branch of the private sector can participate in this program.
Host Entrepreneur's Obligations
The host entrepreneur must be willing to exchange his experience, knowledge and skills and to allow the young entrepreneur to participate sufficiently. In particular, the host entrepreneur should support the young entrepreneur in his planned entrepreneurial ambitions.
To do this, the host entrepreneur must sign a “quality commitment”, which also includes the objectives of the young entrepreneur's stay, and a rough plan of activities must be laid down. Upon completion of the exchange program, the host entrepreneur must fill out an evaluation form.
Young entrepreneurs
Young entrepreneurs (English: New Entrepreneur - NE):
- who are resident in one of the participating countries,
- who are in the start-up phase of their company,
- have a solid academic and professional background,
- a sustainable business idea and a business plan have
can participate in this program. The start-up phase is understood to mean both the young entrepreneur who founded a company a maximum of three years ago and the person who is determined to found a company in the future.
The young entrepreneurs must be willing and interested to learn from the host entrepreneur and also to contribute to the development of his company by providing their own entrepreneurial skills. You should also act as “ambassadors” for the exchange program in the future and thus contribute to the further development of a network of young entrepreneurs. There is no age limit.
Local exchanges
The local intermediary organizations (IOs, also known as contact points) coordinate the processes and requirements between host companies and young entrepreneurs on site, in particular
- in the design of working relationships,
- the provision of support,
- ensuring quality and
- the evaluation of the results,
- Payment of financial support.
Support office "Erasmus for young entrepreneurs"
The “Erasmus for Young Entrepreneurs Support Office” (SO) works closely with the European Commission and the local placement agencies. Erasmus for Young Entrepreneurs is funded by the European Commission (travel and subsistence expenses). The Commission also has overall political and financial responsibility.
scholarship
Depending on the target country, the young entrepreneur receives a grant, which can amount to up to EUR 1,100 per month. However, the young entrepreneur should also be able and willing to raise additional funds should the cost of the stay exceed the grant. The respective amount of financial support is regulated in an agreement between the young entrepreneur and the placement agency.
All information in EURO . Data taken from the user guide, p. 14 f. These details are the maximum possible amounts per month.
| Country of residence | maximum amount / month |
|---|---|
| Albania | 530 |
| Austria | 900 |
| Belgium | 830 |
| Bulgaria | 560 |
| Czech Republic | 610 |
| Croatia | 720 |
| Cyprus | 780 |
| Denmark | 1100 |
| Germany | 830 |
| Estonia | 670 |
| France | 900 |
| Finland | 950 |
| Macedonia | 560 |
| Greece | 780 |
| Iceland | 900 |
| Ireland | 1000 |
| Israel | 950 |
| Italy | 900 |
| Latvia | 610 |
| Lithuania | 560 |
| Liechtenstein | 1100 |
| Luxembourg | 830 |
| Hungary | 670 |
| Malta | 720 |
| Montenegro | 560 |
| Netherlands | 830 |
| Norway | 1100 |
| Poland | 610 |
| Portugal | 780 |
| Romania | 560 |
| Serbia | 560 |
| Slovenia | 720 |
| Slovakia | 610 |
| Spain | 830 |
| Sweden | 950 |
| Turkey | 750 |
| United Kingdom | 1000 |
Possible benefits
The program is designed to benefit both the host entrepreneur and the young entrepreneur. By working together, both sides should get to know new innovative ideas, skills and knowledge that can enhance the success of their own company. The role of the host entrepreneur as a mentor should therefore not be aimed unilaterally at imparting knowledge and skills. The focus is on mutual learning and getting to know each other.
Through the young entrepreneur, the host entrepreneur may also get to know new markets and thereby improve their own business opportunities and operate across borders as well as build a network and solid business relationships.
Before or shortly after the company is founded, the young entrepreneur is given the opportunity to explore the opportunities and risks of the business area he is interested in and to use the experience of the host entrepreneur in all areas of business activity. He can also deepen his language skills and possibly win a business partner for the future.
See also
- European higher education area
- Erasmus Student Network - voluntary association for the care of students in the Erasmus program
- Fraternité 2020 - European citizens' initiative for more money for Erasmus
Web links
Footnotes
- ↑ http://www.erasmus-entrepreneurs.eu/
- ↑ Host entrepreneurs and young entrepreneurs must have their place of residence / company headquarters in different countries.
- ↑ http://www.erasmus-entrepreneurs.eu/page.php?cid=5
- ↑ http://www.erasmus-entrepreneurs.eu/page.php?pid=016
- ↑ Erasmus for Young Entrepreneurs statistics. Retrieved February 26, 2017 (English).
- ^ Enterprise and Industry - European Commission . Ec.europa.eu. June 13, 2008. Archived from the original on May 8, 2009. Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved August 15, 2013.
- ↑ Frequently Asked Questions - Erasmus for Young Entrepreneurs. Retrieved May 22, 2018 .
- ↑ According to the registration instructions for host entrepreneurs, p. 4: Permanent residence.
- ↑ The definition and limit values are based on the definition of the European Union for SMEs - see definition under archive link ( Memento of the original dated February 1, 2009 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. (English). Micro-enterprises are also expressly invited to participate.
- ↑ User guide, point 4.6.1, p. 11.
- ↑ This can e.g. B. be z. B. Chambers of Commerce, start-up centers, funding agencies, etc.
